First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) Trading Down 0.3%

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) dropped 0.3% during trading on Thursday . The stock traded as low as $27.81 and last traded at $27.81. Approximately 608 shares were traded during trading, a decline of 84% from the average daily volume of 3,789 shares. The stock had previously closed at $27.91.

First Trust Dorsey Wright Momentum & Value ETF Trading Up 0.4 %

The firm has a market capitalization of $25.12 million, a price-to-earnings ratio of 8.45 and a beta of 1.06. The stock’s 50-day moving average is $28.36 and its 200-day moving average is $25.67.

First Trust Dorsey Wright Momentum & Value ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.0424 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.17 dividend on an annualized basis and a yield of 0.61%.

Hedge Funds Weigh In On First Trust Dorsey Wright Momentum & Value ETF

Several large investors have recently bought and sold shares of the company. Citadel Advisors LLC acquired a new position in shares of First Trust Dorsey Wright Momentum & Value ETF during the fourth quarter worth $927,000. Private Advisory Group LLC grew its position in shares of First Trust Dorsey Wright Momentum & Value ETF by 3.8% in the 3rd quarter. Private Advisory Group LLC now owns 33,925 shares of the company’s stock valued at $775,000 after buying an additional 1,230 shares during the last quarter. LPL Financial LLC increased its stake in shares of First Trust Dorsey Wright Momentum & Value ETF by 25.6% in the third quarter. LPL Financial LLC now owns 14,011 shares of the company’s stock valued at $320,000 after buying an additional 2,854 shares during the period. Susquehanna International Group LLP raised its position in shares of First Trust Dorsey Wright Momentum & Value ETF by 27.5% during the first quarter. Susquehanna International Group LLP now owns 34,674 shares of the company’s stock worth $769,000 after acquiring an additional 7,470 shares during the last quarter. Finally, Advisor Group Holdings Inc. lifted its stake in shares of First Trust Dorsey Wright Momentum & Value ETF by 27.3% in the fourth quarter. Advisor Group Holdings Inc. now owns 4,006 shares of the company’s stock worth $89,000 after acquiring an additional 858 shares during the period.

First Trust Dorsey Wright Momentum & Value ETF Company Profile

The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.